$SNDK looks like a downside hedge: today’s tape is 100% puts, led by a $28.56M Jan 2027 $1,000 block at 1.0x OI. ↘️ Today flow: $31.2M puts vs $0 calls, 100% put flow ↘️ Standout block: $28.56M Jan 2027 $1,000 put, 1.0x OI ↘️ Weekly flow: $47.9M puts vs $4.0M calls, 92% put flow ↘️ Price/level: below EMA21/50, RSI 34; $1,100 is the line to watch
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